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20130819
20130819
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? economic analyst richard gill will help us examine that question on economics usa. i'm david schoumacher. the american economy-- the sum total of what goes on in shopping malls, car dealers, supermarkets, stock exchanges, 7-elevens, and gas stations all around the country. millions of buy-and-sell decisions everday, trillions of dollars worth every year. and those decisions affect every part of our lives. who decides between a room with a view and a house in the suburbs? in our demand and supply economy, who demands and who supplies? 1945. world war ii was over. millions of ex-gis came home, fell in love, got married, and started families. and there was one thing they all needed. when i got out of the service, i had a wife. we wanted a place to live. it was like looking for a needle in a haystack. eventually we found a place, a converted house where the upstairs was converted into an apartment. in 1947, judge paul widlitz was an ex-gi and a young long island lawyer just starting out. we had the normal problems that you would have when they convert a one-family house to a two-family house
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